Today Digital Asset and Red Date Technology, one of China’s Blockchain-based Service Network (BSN) founders, announced plans to integrate the DAML smart contract language with BSN. Additionally, DAML will become the “exclusive standard” for developing decentralized applications (dApps). The key feature of DAML is that it can work on most enterprise blockchains and Ethereum. But this announcement takes it a step further using DAML for dApps that can interoperate between networks using different blockchain protocols.
Backed by the State Information Center of China (SIC), the BSN is a low-cost, accessible onramp originally targeted to aid individuals and small businesses to adopt blockchain. There is a Chinese version and a global one. The former only supports enterprise blockchains, initially Hyperledger Fabric and China’s FISCO BCOS. And the global one is additionally integrated with numerous public blockchains, including Ethereum, EOS, Tezos, Nervos, NEO and IRISnet.
“Today, each blockchain protocol has its own built in smart contract language; but that makes it difficult for developers, who need to learn many different technologies to get started, and must rewrite their application entirely if they want to deploy to a different blockchain,” said Yifan He, CEO of Red Date. “By selecting DAML as the exclusive smart contract language of the BSN itself, our developers will gain the choice of using one unifying smart contract language seamlessly and interoperably across every blockchain.”
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